debt
confidence high
sentiment neutral
materiality 0.40
Camping World increases mortgage facility delayed draw capacity by $50 million
Camping World Holdings, Inc.
- Amendment No. 1 to Credit Agreement adds $50 million delayed draw mortgage loan commitments as of August 27, 2024.
- Additional capacity does not reduce the existing option to request an additional $100 million borrowing capacity.
- No funds were drawn at closing; Manufacturers and Traders Trust Company serves as administrative agent.
- Total delayed draw mortgage commitments after amendment are approximately $57.4 million, reflecting prior drawings of the original $250 million facility.